A proposal to finance zkDAO, a decentralized autonomous organisation was approved by BitDAO. Nearly 200 million votes were cast. This proposal was written by Matter Labs — the organization behind scaling protocol zkSync — and Mirana Ventures.

Layer-2 infrastructure will be built using zk-Rollups and zkSync’s family of technologies. returning succinct proofsWithout having to send all data, you can transfer the whole thing to the Ethereum network. This would result in a faster network if it is implemented. Recurrently, zero-knowledge solutions have been the focus of much attention lately. High levels of congestionEthereum and Gas prices too high. Polygon for instance, Spend $1 billionprotocol and other zero-knowledge tech companies. Apart from scaling, zero knowledge proofs may also be used for privacy enhancement and transaction concealment. The Panther protocol.